Published on 9 Jun 2022 on Zacks via Yahoo Finance
Oasis Petroleum Inc. (OAS) closed the most recent trading day at $176.05, moving -1.18% from the previous trading session. This change was narrower than the S&P 500's 2.38% loss on the day. Meanwhile, the Dow lost 1.94%, and the Nasdaq, a tech-heavy index, lost 0.6%.
Coming into today, shares of the company had gained 32.24% in the past month. In that same time, the Oils-Energy sector gained 10.37%, while the S&P 500 lost 0.07%.
Wall Street will be looking for positivity from Oasis Petroleum Inc. as it approaches its next earnings report date. On that day, Oasis Petroleum Inc. is projected to report earnings of $5.72 per share, which would represent year-over-year growth of 107.25%. Our most recent consensus estimate is calling for quarterly revenue of $265.5 million, down 32.45% from the year-ago period.